$20K ring among memoribilia baseball great is trying to sell

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The bankrupt ex-Phillie and former Met great has been dogged by money woes in recent years and is now hawking memorabilia from his career in the majors to make a buck.

Updated at 12:30 PM CST on Sunday, Sep 13, 2009

Cash-strapped baseball hero Lenny Dykstra isn't balking when it comes to parting with his bling.

The bankrupt ex-Phillie and former Met great has been dogged by money woes in recent years and is now hawking memorabilia from his career in the majors to make a buck -- including his diamond-encrusted 1986 World Series championship ring.

The baseball hero is also peddling the homerun ball that won game three of the National League Championship Series in 1986; his 1990, 1994 and 1995 All-Star Game rings; and his replica World Championship trophy inscribed with his name, the Daily Newsreported.

Riches to Rags: Famous Bankruptcies

The World Series champ who turned financial guru in retirement was facing a laundry list of lawsuits, divorce and foreclosure when he filed for Chapter 11 in July.

His brother, a jet rental company, a printing business, a former attorney and several employees were all looking to hammer the All-Star player known as Nails with lawsuits -- but the fallen businessman continued to brag about his bling with unbridled bravado.

"See that purple label, bro?" he said gesturing to the lining of his gray pinstripe suit outside a Manhattan court last year when he cut a deal with a firm that claimed he bilked them out of money.